Coromandel International Limited Posts FY26 Results Sustains Growth Momentum
Coromandel International and Samunnati Sign MoU to Strengthen Agri-Input Access for FPOs and Rural Agri Ecosystem
National: Coromandel International Limited, one of India’s leading agri-solutions providers, has signed a Memorandum of Understanding (MoU) with Samunnati Agri Value Chain Solutions Private Limited, India’s leading agri-ecosystem platform. This collaboration will enable supply, promotion and distribution of agri-inputs to Farmer Producer Organisations (FPOs) across India. The MoU was signed by Mr. Madhab Adhikari, EVP & Business Head (Fertiliser, SSP & Nano), Coromandel and Mr. Suresh Rajagopalan, Executive Director, Samunnati in the presence of Mr. Narayanan Vellayan, Executive Director – Crop Nutrition, Coromandel and other senior officials of Coromandel and Samunnati. The collaboration aims to strengthen market access and improve availability of high-quality agri-inputs from Coromandel leveraging Samunnati’s extensive FPO network and Coromandel’s expertise in crop nutrition, crop protection and agri services.
The partnership will also explore customized marketing support initiatives, product demonstrations and technology adoption programs to support sustainable agricultural growth. In addition, Samunnati Finance Private Limited may provide financial assistance to eligible FPOs and agri ecosystem participants for procurement of Coromandel products, subject to separate arrangements and regulatory requirements.
Mr. Narayanan Vellayan, Executive Director – Crop Nutrition, Coromandel, said: “This partnership with Samunnati aligns with our commitment to delivering innovative and sustainable agri-solutions to farmers across India. By combining Coromandel’s strong product portfolio and field expertise with Samunnati’s deep engagement with FPOs and agri value chain participants, we aim to improve access to quality inputs and support the growth of a more resilient and efficient agri ecosystem.”
Mr. Suresh Rajagopalan, Executive Director, Samunnati, said: “At Samunnati, we are committed to enabling collective prosperity across the agri ecosystem. Our collaboration with Coromandel will help strengthen last-mile access to quality agri-inputs, promote sustainable farming practices and create greater value for FPOs, Village Level Entrepreneurs (VLEs) and farmers through integrated market linkage and financial inclusion solutions.”
About Coromandel
Coromandel International Limited is amongst India’s pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain. It operates in two major segments: Nutrient and other allied businesses and Crop Protection. These include Fertilizers, Crop Protection, Bio Products, Specialty Nutrients and Organic businesses. The Company is 2nd largest manufacturer and marketer of Phosphatic fertilizer in India. The Company’s Crop Protection products are marketed in India as well as in international geographies, offering wide range of technical and formulation products. The Specialty Nutrients business of the Company focuses on water soluble fertilizers, secondary & micronutrients and Nano fertilizers products. The Company is leading marketer of Organic fertilizers in India. The Bio Products business of the company focusses on plant extractions for various applications. It also operates a network of more than 1200 rural retail outlets across Andhra Pradesh, Telangana, Karnataka, Tamil Nadu and Maharashtra. Through these Retail outlets, the Company offers agri inputs and farming services including crop advisory, soil testing and farm mechanization to around 3 million farmers. The Company currently has 8 R&D centers and a strong Regulatory setup, supporting the businesses in process development and new product introduction. The Company currently has 21 manufacturing facilities, spread widely across India, producing wide range of Nutrient and Crop Protection products, which are marketed through an extensive network of dealers and its own retail centers.
The Company clocked a turnover of Rs. 31,827 Crores during FY 25-26. Its efforts towards environment have been well recognized by international organizations like UNDP and has also been voted as one of the ten greenest companies in India by TERI. Coromandel is a part of the Murugappa Group with a turnover of INR 90,178 crore in FY 24-25.
For more details, visit www.coromandel.biz
About Murugappa Group
A 125-year-old conglomerate with presence across India and the world, the INR 902 billion (90,178 crore) Murugappa Group has diverse businesses in agriculture, engineering, financial services and more.
The Group has 10 listed companies: Carborundum Universal Limited, CG Power & Industrial Solutions Limited, Cholamandalam Financial Holdings Limited, Cholamandalam Investment & Finance Company Limited, Coromandel International Limited, E.I.D.-Parry (India) Limited, NACL Industries Limited, Shanthi Gears Limited, Tube Investments of India Limited, and Wendt (India) Limited. Other major companies include Cholamandalam MS General Insurance Company Limited and Parry Agro Industries Limited. Brands such as Ajax, Hercules, BSA, Montra, Montra Electric, Mach City, Chola, Chola MS, CG Power, Shanthi Gears, CUMI, Gromor, Paramfos, Parry’s are part of the Group’s illustrious stable.
Abrasives, technical ceramics, electrominerals, electric vehicles, auto components, fans, transformers, signalling equipment for railways, bicycles, fertilisers, sugar, tea, and several other products make up the Group’s business interests.
Guided by the Five lights — integrity, passion, quality, respect, and responsibility — and a culture of professionalism, the Group has a workforce of 94,041 employees.
For more details, visit www.murugappa.com
About Samunnati Agri Value Chain Solutions Private Limited
Samunnati is an agri value chain enabler focused on building an inclusive and efficient agri ecosystem through aggregation, market linkage and financial inclusion. The organization works with Farmer Producer Organizations, agri enterprises and ecosystem participants to create sustainable growth opportunities for smallholder farmers and rural communities.
